Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of 0.65 is 79% above its 5-year average of 0.37, near the high end of its 5-year range (0.00–0.69).
As of the fiscal period ended Sunday, May 31, 2026. 47.49% above its 12-month average of 0.44.
Reported quarterly debt to equity ratio; no daily interpolation. Q4 FY2025 (2026-05-31): 0.65.
DEBT TO EQUITY RATIO
0.65
DEBT TO EQUITY RATIO AVG TTM
0.44
DEBT TO EQUITY RATIO AVG 3Y
0.48
DEBT TO EQUITY RATIO AVG 5Y
0.37
DEBT TO EQUITY RATIO AVG 10Y
N/A
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+47.49%
CURRENT VS 3Y AVG
+36.87%
CURRENT VS 5Y AVG
+79.26%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.65
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+0.75%
vs the sector median at left
Nuveen Minnesota Quality Municipal Income Fund
Market Cap
$63.71M
Debt to Equity Ratio
0.65
TTM Avg
0.44
3Y Avg
0.48
5Y Avg
0.37
Market Cap
$140.35M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$143.29M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$174.05M
Debt to Equity Ratio
0.09
TTM Avg
0.09
3Y Avg
0.04
5Y Avg
0.03
Market Cap
$178.19M
Debt to Equity Ratio
0.26
TTM Avg
0.29
3Y Avg
0.31
5Y Avg
0.31
Market Cap
$195.50M
Debt to Equity Ratio
0.00
TTM Avg
0.32
3Y Avg
1.41
5Y Avg
0.94
Market Cap
$266.32M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$281.94M
Debt to Equity Ratio
0.59
TTM Avg
0.58
3Y Avg
0.55
5Y Avg
0.57
Market Cap
$312.86M
Debt to Equity Ratio
0.22
TTM Avg
0.20
3Y Avg
0.27
5Y Avg
0.33
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund (NMS) | $63.71M | 0.65 | 0.44 | 0.48 | 0.37 |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $140.35M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $143.29M | N/A | N/A | N/A | N/A |
| The New Germany Fund, Inc. (GF)vs › | $174.05M | 0.09 | 0.09 | 0.04 | 0.03 |
| Franklin Universal Trust (FT)vs › | $178.19M | 0.26 | 0.29 | 0.31 | 0.31 |
| DeFi Technologies Inc. (DEFT)vs › | $195.50M | 0.00 | 0.32 | 1.41 | 0.94 |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.32M | N/A | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $281.94M | 0.59 | 0.58 | 0.55 | 0.57 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $312.86M | 0.22 | 0.20 | 0.27 | 0.33 |
| Hypoport SE (HYPOF)vs › | $630.67M | 0.42 | 0.50 | 0.54 | 0.63 |
Debt/Equity
0.65
Current Ratio
4.74
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-05-31 | 0.65 |
| 2025-11-30 | 0.68 |
| 2025-05-31 | 0.00 |
| 2024-11-30 | 0.67 |
| 2024-05-31 | 0.69 |
| 2023-11-30 | 0.65 |
| 2023-05-31 | 0.00 |
| 2022-11-30 | 0.00 |
| 2022-05-31 | 0.67 |
| 2021-11-30 | 0.00 |
| 2021-05-31 | 0.00 |
| 2020-11-30 | 0.00 |
| 2020-05-31 | 0.62 |
| 2019-11-30 | 0.59 |
| 2019-05-31 | 0.60 |
| 2018-11-30 | 0.00 |
| 2018-05-31 | 0.00 |
| 2017-11-30 | 0.00 |
